Corporate governance - Vigil

In recent years, as high-profile data breaches have led to corporate crises, the resignations of C-suite executives, and substantial financial, regulatory, litigation and reputational harm for companies, cyber security has become a paramount corporate governance issue for boards.

I wanted to focus today on what I think is the most pressing issue in corporate governance today: the rising cyber threat. As anyone who spends time in the boardroom knows, the digitization of our economy is revolutionizing the way business is conducted.

Newell Brands Inc is giving billionaire investor Carl Icahn four board seats as it tries to rebuff another hedge fund investor Starboard Value LP, which has been pushing for full control of the Sharpie pens maker's board of directors.

Most board chairs are experienced leaders. Half the chairs of the S&P 500 double as their companies’ chief executives, and the vast majority of the rest are former CEOs. But the close association of the two positions creates problems.

The mass shooting at a high school in Parkland Florida has focused renewed attention on the issue of gun violence. While regulators debate the appropriate actions to take, a number of companies and investors have recently made moves to address the issue.

In a document posted on the company’s website, BlackRock offers insights on its thinking about human capital management, disclosure of climate risks, executive pay and corporate strategies that aim at the long term.

When John Taylor starts remembering the years leading up to the financial crisis, his fury wells up all over again.

In December 2017, the UK Financial Reporting Council (the “FRC”) proposed revisions to the UK Corporate Governance Code. These revisions will impact companies with a Premium Listing of equity shares in the UK,

The 2017 Italy Corporate Governance Conference, hosted once more by the Italian Corporate Governance Committee (ICGC), provided an opportunity for an open dialogue between public institutions, issuers and investors about the evolution of corporate governance in the country and beyond.

This article first sets forth the relevant framework for assessing whether a digital token constitutes a “security” and therefore falls within the SEC’s jurisdiction under the federal securities laws. It then provides an overview of the commission’s main ICO enforcement actions to date, as well as key takeaways for market participants.

The message is getting through easier to corporate boards of directors in some countries but not others. Board members in the United States and Canada, for example, are still ignoring the risk of climate change at a high rate.

The UK’s business department wants stronger investigative powers and punishments against directors post-insolvency, while setting a path for more active and responsible shareholder stewardship.

Why do workers in the financial industry get paid so much? There are many possible explanations, none of them completely satisfying. The financial industry commands a much larger share of the U.S. economy than in the past, causing some to worry that the industry gets more money than its economic contributions merit.

French cosmetics group L'Oréal said on Friday it was buying Canadian beauty technology company ModiFace, as it looks to roll out more digital services such as virtual make-up tests.

Goldman Sachs' UK gender pay gap is 55.5% in the UK, the investment bank announced on Friday. The gap between what men and women are paid rises to 72.2% when bonuses are factored in.